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AKN

AuKing MiningASX:AKN Stock Report

Market Cap

AU$14.5m

7D

0%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
AKN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AKN Overview

AuKing Mining Limited, an early stage exploration company, acquires, explores for, and develops mineral projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for AuKing Mining
Historical stock prices
Current Share PriceAU$0.24
52 Week HighAU$0.14
52 Week LowAU$0.37
Beta-0.62
1 Month Change29.73%
3 Month Change45.46%
1 Year Changen/a
3 Year Change-60.00%
5 Year Change-85.00%
Change since IPO-99.83%

Recent News & Updates

Shareholder Returns

AKNAU Metals and MiningAU Market
7D0%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how AKN performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how AKN performed against the Australian Market.

Price Volatility

Is AKN's price volatile compared to industry and market?
AKN volatility
AKN Beta-0.62
Industry Beta0.97
Market Beta1

Stable Share Price: AKN is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: Insufficient data to determine AKN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aPaul Williamshttps://www.aukingmining.com

AuKing Mining Limited, an early stage exploration company, acquires, explores for, and develops mineral projects in Australia. It primarily focuses on exploring copper, gold, and other base metals. The company has an agreement to earn up to 75% interest in the Koongie Park copper/zinc project situated in the south-eastern Kimberley Region of northern Western Australia.

AuKing Mining Fundamentals Summary

How do AuKing Mining's earnings and revenue compare to its market cap?
AKN fundamental statistics
Market CapAU$14.47m
Earnings (TTM)-AU$1.75m
Revenue (TTM)n/a

0x

P/S Ratio

-8.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKN income statement (TTM)
RevenueAU$0
Cost of RevenueAU$224.93k
Gross Profit-AU$224.93k
ExpensesAU$1.52m
Earnings-AU$1.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.029
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did AKN perform over the long term?

See historical performance and comparison

Valuation

Is AuKing Mining undervalued compared to its fair value and its price relative to the market?

2.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AKN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AKN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AKN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: AKN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AKN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AKN's PB Ratio (2.5x) is in line with the AU Metals and Mining industry average.


Future Growth

How is AuKing Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AuKing Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has AuKing Mining performed over the past 5 years?

42.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKN is currently unprofitable.

Growing Profit Margin: AKN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AKN is unprofitable, but has reduced losses over the past 5 years at a rate of 42.4% per year.

Accelerating Growth: Unable to compare AKN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AKN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: AKN has a negative Return on Equity (-30.58%), as it is currently unprofitable.


Financial Health

How is AuKing Mining's financial position?


Financial Position Analysis

Short Term Liabilities: AKN's short term assets (A$4.8M) exceed its short term liabilities (A$346.1K).

Long Term Liabilities: AKN's short term assets (A$4.8M) exceed its long term liabilities (A$41.6K).


Debt to Equity History and Analysis

Debt Level: AKN is debt free.

Reducing Debt: AKN had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AKN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AKN has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 22.5% each year.


Dividend

What is AuKing Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AKN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AKN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AKN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AKN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AKN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average board tenure


CEO

Paul Williams (57 yo)

no data

Tenure

AU$300,000

Compensation

Mr. Paul Robert Williams serves as Chief Executive Officer of AuKing Mining Limited since March 2021. Mr. Williams had been the Managing Director of AuKing Mining Limited (formerly known as Chinalco Yunnan...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD224.67K) is about average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: AKN's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1193%.


Top Shareholders

Company Information

AuKing Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: AuKing Mining Limited
  • Ticker: AKN
  • Exchange: ASX
  • Founded: 1995
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$14.470m
  • Shares outstanding: 60.29m
  • Website: https://www.aukingmining.com

Location

  • AuKing Mining Limited
  • 320 Adelaide Street
  • Suite 27
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:01
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.